Weatherly Asset Management L. P. Sells 46 Shares of Union Pacific Co. (NYSE:UNP)

Weatherly Asset Management L. P. lowered its stake in shares of Union Pacific Co. (NYSE:UNP) by 3.7% during the fourth quarter, HoldingsChannel reports. The fund owned 1,185 shares of the railroad operator’s stock after selling 46 shares during the quarter. Weatherly Asset Management L. P.’s holdings in Union Pacific were worth $291,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of UNP. BluePath Capital Management LLC bought a new position in Union Pacific during the third quarter valued at about $25,000. Valued Wealth Advisors LLC acquired a new position in Union Pacific in the fourth quarter valued at about $28,000. Fortitude Family Office LLC bought a new stake in Union Pacific during the fourth quarter worth about $44,000. Hexagon Capital Partners LLC increased its holdings in shares of Union Pacific by 48.6% during the third quarter. Hexagon Capital Partners LLC now owns 309 shares of the railroad operator’s stock worth $63,000 after buying an additional 101 shares in the last quarter. Finally, Legacy Financial Group LLC acquired a new position in shares of Union Pacific in the 3rd quarter worth approximately $83,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Union Pacific Trading Down 1.7 %

Shares of Union Pacific stock traded down $4.07 during trading hours on Wednesday, hitting $232.22. The company’s stock had a trading volume of 1,464,898 shares, compared to its average volume of 2,294,945. The company has a market capitalization of $141.68 billion, a PE ratio of 22.59, a price-to-earnings-growth ratio of 2.53 and a beta of 1.07. The company has a debt-to-equity ratio of 2.11, a current ratio of 0.81 and a quick ratio of 0.67. The stock has a 50 day moving average of $244.85 and a 200 day moving average of $234.64. Union Pacific Co. has a 12 month low of $190.37 and a 12 month high of $258.66.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, January 25th. The railroad operator reported $2.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.56 by $0.15. Union Pacific had a return on equity of 46.87% and a net margin of 26.45%. The business had revenue of $6.16 billion during the quarter, compared to analysts’ expectations of $6.05 billion. During the same period in the prior year, the business earned $2.67 EPS. Union Pacific’s revenue for the quarter was down .3% compared to the same quarter last year. Analysts predict that Union Pacific Co. will post 11.01 earnings per share for the current year.

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Thursday, February 29th were issued a dividend of $1.30 per share. The ex-dividend date was Wednesday, February 28th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.24%. Union Pacific’s payout ratio is 49.71%.

Insider Activity at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of Union Pacific stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the sale, the president now owns 56,682 shares of the company’s stock, valued at approximately $14,170,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.26% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. StockNews.com lowered Union Pacific from a “buy” rating to a “hold” rating in a research note on Monday, March 18th. BMO Capital Markets raised their price objective on shares of Union Pacific from $270.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday, January 26th. TD Cowen increased their price target on shares of Union Pacific from $228.00 to $251.00 and gave the company an “outperform” rating in a research note on Friday, January 26th. Sanford C. Bernstein upgraded shares of Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 price objective for the company in a research report on Monday, January 22nd. Finally, JPMorgan Chase & Co. lifted their target price on Union Pacific from $237.00 to $243.00 and gave the company a “neutral” rating in a research note on Tuesday, April 9th. Seven equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $255.00.

Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.